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S&P 500 chart

Monday, February 3.
We a in red bar green bar mode. Exit from 5 -days consolidation may be in any side. But bulls have advantage now due to unsuccessful downside breakout on Friday.

Friday, January 31.
A bounce was very shortlived. We are falling again.

Thursday, January 30.
I hope a bounce will provide us a good short sell opportunity.

Wednesday, January 29.
Market is poised to continue to move down.

Monday, January 27.
Market is extremely oversold and looks ready for a bouce.

Friday, January 24.
Market is in bounce mode. If bouce will last for 2-3 days we will get a good short sell opportunity.

Thursday, January 23.
Market is near a lower boundary of 3-month range. I see excellent buy opportunity in 860-870 area.

Wednesday, January 22.
Market looks oversold and ready for a bounce.

Tuesday, January 21.
The selloff looks like it has another leg down, before finding support. In case of bounce we can try to sell short.

Friday, January 17.
Market is choppy. The best thing to do is to continue to wait for better opportunities.

Thursday, January 16.
Market is choppy. Until we get a clear trend some patience is in order.

Wednesday, January 15.
Tuesday changed nothing.

Tuesday, January 14.
Market is choppy. I don't like a gambling in casino and I prefer to wait when things will be more clear.

Monday, January 13.
Market is choppy. Likely we will see an upside exit from here.

Friday, January 10.
Market resumed ascending. One thing get me worried - the rise lasted a one hour only. It looks like a bulls are not so strong now.

Thursday, January 9.
The current situation can be considered from different point of view:
1)We have a pullback after the 4-day rally.
2)It's a start of a new down wave.
A first variant looks more likely.

Friday, December 29.
Market is choppy as before. I think we will see an upside exit from here. However I can't find a place where to buy with a reasonable stop-loss. Therefore, continue to keep it light.

Tuesday, December 24.
Monday changed nothing. I hope things will be more clear after holidays.

Monday, December 21.
Market is choppy. Until we get a clear trend, a dose of patience is in order.

Friday, December 20.
Market is choppy. The best way to do is do nothing.

Thursday, December 19.
Market is in the range. We can try to buy at lower boundary (886.00). Likely we will bounce here.

Wednesday, December 18.
Market is choppy. I don't see a reason to trade now. Jesse Livermore said it beautifully..."There is a time to be bullish, a time to be bearish, and a time to be fishing!"

Tuesday, December 17.
A situation favors bulls on the whole. Нowever market can return to the local minimum (885-890) possibly. I don't wait for a strong movement on the triple-witching week.

Monday, December 16.
After 3 days of sideways drifting a market resumed to slide down. But a limp of this movement is a bad sign for bears.

Wednesday, December 11.
Market is poised to continue to slide down today. Target is 880-885.

Tuesday, December 10.
We continue to slide down. The market looks rather oversold now. A buying will be logical in the 880-885 area, selling in the 900-905 area.

Friday, December 6.
Thursday changed nothing. The limp noodle market continues.

Thursday, December 5.
The current situation can be considered from different point of view:
1) The rally from lows remains intact. 3 days meltdown is a correction. And we finished the correction yesterday.
2) 3 days meltdown is a start of a new down trend. And yesterday we saw start of the short-term bounce.
Let's wait and look which version will be right.

Wednesday, December 4.
The tuesday changed nothing. The rally from lows remains intact. A meltdown is not strong enough. And likely we will see a attepmt to rise soon. Will it be successful?

Tuesday, December 3.
The rally from lows remains intact. The monday's start gave a bears a good chance of winning. However it's too early to celebrate for them.

Monday, December 2.
Market is poised to rally to the 950-955 level. And there I will searh for a short sell opportunities.

Friday, November 29.
Market is approaching to the levels, where a longs become dangerous. Global down-trend is in the place still. The last two month growth is a correction only.

Wednesday, November 27.
We are in the correction mode. If market go back to 900 level, it will be a bad sign for the market.

Tuesday, November 26.
Market is in the correction mode. We will get a buy opportunity in the 915-920 area.

Monday, November 25.
We remain due for a correction. Therefore, continue to keep it light.

Friday, November 22.
We are overbought and I suggest that we are due for a correction. It's too late to establish new longs and too dangerous to establish new shorts.

Thursday, November 21.
In case of a morning up gap we will get a good short sell opportunity.

Wednesday, November 20.
Market is choppy. Until we get a clear trend, a dose of patience is in order.

Tuesday, November 19.
900.00 is a pivot point. If we follow through this level today, it will be a sign of a beginning down trend. Bulls have a chance of winning until then.

Monday, November 18.
Friday changed nothing. We had a creeping up market. I'm waiting for a downside breakout.

Friday, November 15.
It looks like a last bulls attempt to lift market. And I think it will fail.

Thursday, November 14.
Market is choppy. A breakout of the last two days range (870-895) will define a direction of the further movement. And probably a first breakout will be false.

Wednesday, November 13.
I'd like to see a more strong bounce. We will get a good short sell opportunity in the 900-910 area.

Tuesday, November 12.
A bounce will provide a good short sell opportunity.

Monday, November 11.
We are in the range again. It's a very bad sign. Probably we start a new wave of fall.

Friday, November 8.
It looks like a correction wave. But if we fall back into the range, it will probably mean the end of a last month ascending trend.

Thursday, November 7.
We have a ascending market. If market go to 900.00 area, we will get a good buy opportunity.

Wednesday, November 6.
Market is quiet. Nobody wants to make bets before a possible rate cut announcement.

Tuesday, November 5.
Market is mixed. I don't see a reason to trade before an interest rate decision.

Monday, November 4.
Market approached to the upper edge of a consolidation area. In case of a false breakout we will get a short sell opportunity. However, don't forget that a trading before potential interest rate cut is very dangerous.

Friday, November 1.
Market is choppy and sideways. Therefore, until we get a clear trend, a dose of patience is in order.

Thursday, October 31.
Market moves sideways. There is no reason to establish a new position.

Wednesday, October 30.
False downside breakout is encouraging. But a correction was not enough strong for a sustainable rally, so keep it light.

Tuesday, October 29.
Market is in the range as before. Most likely breakout will be on the downside. But there is no breakout for now.

Monday, October 28.
I am waiting for a strong correction. Morning up gap may give us excellent opportunity for a short selling.

Friday, October 25.
This downturn looks like start of a correction wave. But market is in the consolidation area still. I'd like to see more obvious signal for opening new shorts.

Thursday, October 24.
The attempt to move down was unsuccessful. Market is trying to go up again. I don't think it will last long. Be ready for opening short positions. Morning up gap may provide a good opportunity for that.

Wednesday, October 23.
The temp of growth is slowing. Market is extremely overbought as before.

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